Village of Clifton Springs needs to a long-term financial plan, state audit says

The village of Clifton Springs has adequate policies and procedures in place, but there is still room for improvement according to state Comptroller Thomas P. DiNapoli who released audits of several local governments on Friday.

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By Julie Sherwood

MPNnow

By Julie Sherwood

Posted Aug. 22, 2014 at 3:20 PM

By Julie Sherwood
Posted Aug. 22, 2014 at 3:20 PM

The village of Clifton Springs has adequate policies and procedures in place, but there is still room for improvement according to state Comptroller Thomas P. DiNapoli who released audits of several local governments on Friday. Clifton Springs was the only one on the list in the Finger Lakes region.

“The board does not complete an adequate, documented annual audit of the village justice’s and clerk-treasurer’s records. Additionally, although the board regularly discusses plans for future equipment purchases, a formal, long-term financial plan has not been developed,” stated a release from DiNapoli.

“In today’s fiscal climate, budget transparency and accountability for our local communities is a top priority,” stated DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.”